PDD Financial Statements From 2010 to 2026

PDD Stock  USD 106.38  0.36  0.34%   
PDD Holdings' financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing PDD Holdings' valuation are provided below:
Gross Profit
237.1 B
Profit Margin
0.2444
Market Capitalization
151 B
Enterprise Value Revenue
1.5296
Revenue
418.5 B
There are over one hundred nineteen available trending fundamental ratios for PDD Holdings, which can be analyzed over time and compared to other ratios. Investors should ensure to check out all of PDD Holdings' recent performance against the performance from 2010 to 2026 to make sure the company is sustainable for few more years. As of January 25, 2026, Market Cap is expected to decline to about 503.1 B. In addition to that, Enterprise Value is expected to decline to about 491.5 B

PDD Holdings Total Revenue

475.56 Billion

Check PDD Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among PDD Holdings' main balance sheet or income statement drivers, such as Tax Provision of 24.5 B, Net Interest Income of 24.8 B or Interest Income of 24.8 B, as well as many indicators such as Price To Sales Ratio of 2.72, Dividend Yield of 1.0E-4 or PTB Ratio of 3.42. PDD financial statements analysis is a perfect complement when working with PDD Holdings Valuation or Volatility modules.
  
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Check out the analysis of PDD Holdings Correlation against competitors.
For information on how to trade PDD Stock refer to our How to Trade PDD Stock guide.

PDD Holdings Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets609.8 B580.8 B162.7 B
Slightly volatile
Short and Long Term Debt Total9.2 B12.2 B5.7 B
Slightly volatile
Other Current Liabilities106.9 B101.8 B25.4 B
Slightly volatile
Total Current Liabilities227.5 B216.7 B69 B
Slightly volatile
Total Stockholder Equity378.3 B360.3 B90.6 B
Slightly volatile
Property Plant And Equipment Net7.2 B6.8 B1.9 B
Slightly volatile
Current Deferred Revenue3.6 B3.4 B1.1 B
Slightly volatile
Accounts Payable111.6 B106.3 B38.5 B
Slightly volatile
Cash69.8 B66.4 B20.5 B
Slightly volatile
Non Current Assets Total107.9 B102.8 B24.1 B
Slightly volatile
Non Currrent Assets Other100.7 B95.9 B21.8 B
Slightly volatile
Cash And Short Term Investments400.4 B381.3 B102.2 B
Slightly volatile
Net Receivables13.6 B12.9 B3.6 B
Slightly volatile
Common Stock Total Equity134 K182.8 K111.6 K
Slightly volatile
Common Stock Shares Outstanding1.9 B1.3 B2.7 B
Slightly volatile
Short Term Investments330.6 B314.9 B81.6 B
Slightly volatile
Liabilities And Stockholders Equity609.8 B580.8 B162.7 B
Slightly volatile
Capital Surpluse50.1 B47.7 B22.1 B
Slightly volatile
Other Current Assets88 B83.8 B29.5 B
Slightly volatile
Other Stockholder Equity70.8 B135.5 B46.2 B
Slightly volatile
Total Liabilities231.5 B220.5 B72.1 B
Slightly volatile
Total Current Assets501.9 B478 B138.6 B
Slightly volatile
Short Term DebtB8.5 B2.7 B
Slightly volatile
Common Stock158.5 K207 K117.6 K
Slightly volatile
Property Plant EquipmentB2.8 BB
Slightly volatile
Net Invested Capital384.7 B366.4 B95.2 B
Slightly volatile
Net Working Capital274.4 B261.3 B69.9 B
Slightly volatile
Capital Stock178.7 K207 K156.4 K
Slightly volatile

PDD Holdings Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Net Interest Income24.8 B23.6 B5.2 B
Slightly volatile
Interest Income24.8 B23.6 B5.4 B
Slightly volatile
Depreciation And Amortization865.5 M904.2 M520.9 M
Slightly volatile
Selling General Administrative9.1 B8.7 B2.6 B
Slightly volatile
Selling And Marketing Expenses134.4 B128 B37.6 B
Slightly volatile
Total Revenue475.6 B452.9 B111.9 B
Slightly volatile
Other Operating Expenses344.6 B328.2 B86.7 B
Slightly volatile
Research Development15.3 B14.6 BB
Slightly volatile
Cost Of Revenue185.8 B177 B41.5 B
Slightly volatile
Total Operating Expenses158.8 B151.2 B45.2 B
Slightly volatile
Reconciled Depreciation3.2 BB978.6 M
Slightly volatile

PDD Holdings Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Change To Inventory4.2 BB3.1 B
Slightly volatile
Stock Based Compensation11.9 B11.4 B3.9 B
Slightly volatile
Free Cash Flow146.1 B139.1 B34.6 B
Slightly volatile
Change In Working Capital14.2 B7.7 B8.5 B
Slightly volatile
Begin Period Cash Flow147 B140 B39.1 B
Slightly volatile
Depreciation3.2 BBB
Slightly volatile
Capital Expenditures682.4 M1.1 B434.8 M
Slightly volatile
Total Cash From Operating Activities147.2 B140.2 B35.1 B
Slightly volatile
Change To Operating Activities14.3 B8.2 B7.6 B
Slightly volatile
End Period Cash Flow152.4 B145.1 B45.6 B
Slightly volatile
Change To Netincome11.4 B7.8 B6.2 B
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.722.86139
Slightly volatile
Dividend Yield1.0E-41.0E-41.0E-4
Slightly volatile
PTB Ratio3.423.6196
Slightly volatile
Days Sales Outstanding12.312.9519.3226
Very volatile
Book Value Per Share21420461.0047
Slightly volatile
Free Cash Flow Yield0.120.110.0389
Slightly volatile
Operating Cash Flow Per Share83.2579.2923.7219
Slightly volatile
Stock Based Compensation To Revenue0.02740.02890.0559
Pretty Stable
Capex To Depreciation0.40.421.7004
Slightly volatile
PB Ratio3.423.6196
Slightly volatile
EV To Sales2.592.72138
Slightly volatile
Free Cash Flow Per Share82.5978.6623.3883
Slightly volatile
Payables Turnover1.211.150.5874
Slightly volatile
Sales General And Administrative To Revenue0.0210.02210.0569
Very volatile
Research And Ddevelopement To Revenue0.03510.0370.0668
Very volatile
Capex To Revenue0.00210.00220.0053
Very volatile
Cash Per Share22621669.9515
Slightly volatile
POCF Ratio8.789.24117
Slightly volatile
Capex To Operating Cash Flow0.00680.00710.0168
Slightly volatile
PFCF Ratio8.859.31119
Slightly volatile
Days Payables Outstanding311327K
Pretty Stable
EV To Operating Cash Flow8.368.8115
Slightly volatile
EV To Free Cash Flow8.428.87117
Slightly volatile
Intangibles To Total Assets0.00.00.0339
Slightly volatile
Current Ratio1.341.991.5196
Slightly volatile
Tangible Book Value Per Share21420460.5932
Slightly volatile
Receivables Turnover19.5429.1733.1292
Slightly volatile
Graham Number15214551.8726
Slightly volatile
Shareholders Equity Per Share21420461.0047
Slightly volatile
Debt To Equity0.0370.03890.2034
Slightly volatile
Capex Per Share0.390.630.3178
Slightly volatile
Revenue Per Share26925674.7467
Slightly volatile
Interest Debt Per Share11.118.817.8555
Slightly volatile
Debt To Assets0.02290.02420.0718
Slightly volatile
Short Term Coverage Ratios32.0420.6723.6404
Slightly volatile
Operating Cycle16.4517.3121.9417
Pretty Stable
Price Book Value Ratio3.423.6196
Slightly volatile
Days Of Payables Outstanding311327K
Pretty Stable
Price To Operating Cash Flows Ratio8.789.24117
Slightly volatile
Price To Free Cash Flows Ratio8.859.31119
Slightly volatile
Ebt Per Ebit0.841.11.0316
Pretty Stable
Effective Tax Rate0.180.15270.1882
Slightly volatile
Company Equity Multiplier1.761.853.8442
Slightly volatile
Long Term Debt To Capitalization0.02970.03130.1295
Slightly volatile
Total Debt To Capitalization0.03580.03770.1631
Slightly volatile
Debt Equity Ratio0.0370.03890.2034
Slightly volatile
Quick Ratio1.341.981.5173
Slightly volatile
Dividend Paid And Capex Coverage Ratio228145147
Slightly volatile
Net Income Per E B T0.670.760.7994
Pretty Stable
Cash Ratio0.40.350.5629
Slightly volatile
Operating Cash Flow Sales Ratio0.550.360.9351
Slightly volatile
Days Of Sales Outstanding12.312.9519.3226
Very volatile
Free Cash Flow Operating Cash Flow Ratio1.071.140.9963
Pretty Stable
Cash Flow Coverage Ratios10.8610.354.0346
Slightly volatile
Price To Book Ratio3.423.6196
Slightly volatile
Fixed Asset Turnover14576.2162
Slightly volatile
Capital Expenditure Coverage Ratio269145289
Slightly volatile
Price Cash Flow Ratio8.789.24117
Slightly volatile
Debt Ratio0.02290.02420.0718
Slightly volatile
Cash Flow To Debt Ratio10.8610.354.0346
Slightly volatile
Price Sales Ratio2.722.86139
Slightly volatile
Asset Turnover0.360.70.4013
Slightly volatile
Price Fair Value3.423.6196
Slightly volatile

PDD Holdings Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap503.1 B881.8 B470.7 B
Slightly volatile
Enterprise Value491.5 B839.3 B459.4 B
Slightly volatile

PDD Fundamental Market Drivers

Forward Price Earnings8.4746
Cash And Short Term Investments331.6 B

PDD Upcoming Events

18th of March 2024
Upcoming Quarterly Report
View
24th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
18th of March 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About PDD Holdings Financial Statements

PDD Holdings stakeholders use historical fundamental indicators, such as PDD Holdings' revenue or net income, to determine how well the company is positioned to perform in the future. Although PDD Holdings investors may analyze each financial statement separately, they are all interrelated. For example, changes in PDD Holdings' assets and liabilities are reflected in the revenues and expenses on PDD Holdings' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in PDD Holdings. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue3.4 B3.6 B
Total Revenue452.9 B475.6 B
Cost Of Revenue177 B185.8 B
Stock Based Compensation To Revenue 0.03  0.03 
Sales General And Administrative To Revenue 0.02  0.02 
Research And Ddevelopement To Revenue 0.04  0.04 
Revenue Per Share 256.11  268.91 
Ebit Per Revenue 0.25  0.26 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether PDD Holdings is a strong investment it is important to analyze PDD Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact PDD Holdings' future performance. For an informed investment choice regarding PDD Stock, refer to the following important reports:
Check out the analysis of PDD Holdings Correlation against competitors.
For information on how to trade PDD Stock refer to our How to Trade PDD Stock guide.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Broadline Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of PDD Holdings. If investors know PDD will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about PDD Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.165
Earnings Share
9.88
Revenue Per Share
300.165
Quarterly Revenue Growth
0.09
Return On Assets
0.107
The market value of PDD Holdings is measured differently than its book value, which is the value of PDD that is recorded on the company's balance sheet. Investors also form their own opinion of PDD Holdings' value that differs from its market value or its book value, called intrinsic value, which is PDD Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PDD Holdings' market value can be influenced by many factors that don't directly affect PDD Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PDD Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if PDD Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PDD Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.